Cincon Electronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 26, 2021 at 01:50 am IST
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Cincon Electronics Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,051.892 million compared to TWD 1,080.258 million a year ago. Operating income was TWD 100.935 million compared to TWD 102.052 million a year ago. Net income was TWD 122.220 million compared to TWD 89.349 million a year ago. Basic earnings per share was TWD 2.54 compared to TWD 1.86 a year ago.
Cincon Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of power supplies. The Company's products include battery chargers, mobile phone battery converters, switched power supplies, linear power supplies, direct current (DC) converters and alternating current (AC) converters, among others. The Company's products are applied in information and communication products, consumer electronics, medical apparatus, and industrial electronic equipment, as well as military and aircraft industries. The Company distributes its products within Taiwan and China Mainland markets.